2011's Most Expensive Cars to Insure

If you want a specific example of how hard car insurance policies and their rates can be on the owners of luxury vehicles, take a look at a recent top 10 list of most expensive cars to insure for 2011. This year, a top honor for the most costly car insurance policy on the planet goes to owners of the Mercedes-Benz SL65 AMG, an 805 horsepower sports car that costs an average $3543.81 per year to insure. That’s almost $300 per month. And that’s if you’ve got a clean driving record.

Those who don’t like Mercedes aren’t off the hook. Coming in a close second at a staggering insurance cost of $3280.70 per year is the BMW 750i, with an Aston Martin DB9, and a Porsche 911 Carrera S to round out the top 10 list of new car insurance albatrosses.

The reason these particular vehicles result in such expensive car insurance policies is twofold. For one, they’re built for speed—and speed, as everyone knows, is dangerous. It can cause serious accidents, which is an incredibly expensive proposition for the insurance companies who not only have to pay for vehicle repair but also potentially enormous medical bills. Second, cars like the Mercedes SL65 (which has an MSRP close to $200,000) can cost an arm and a leg to repair.

Auto insurers recommend luxury car drivers interested in securing the lowest car insurance rates possible keep their driving and credit records as clean as possible. Car insurance companies view both as indication of responsibility, something they believe carries through to their behind the wheel activities.